D-Street Newsmakers: GMR Airports, BSE, HAL among 10 stocks that took centre stage on Monday
Investors have turned cautious ahead of the key US inflation data that will offer more clarity of the course of benchmark interest rates in the world's largest economy.
Domestic equity benchmarks fell on Monday in the first full session of Samvat 2080, giving up nearly all of the gains registered in a special, one-hour-long 'muhurat' trading session on the occasion of Diwali the previous day. Losses in financial, IT and FMCG shares pulled the indices lower, though gains in select auto and metal counters limited the downside.
The Sensex lost 325.6 points, or 0.5 per cent, to end at 64,933.9, and the broader Nifty gauge settled at 19,443.6, down 82 points, or 0.4 per cent, from its previous close.
Globally, investors have turned cautious ahead of a key US inflation reading this week that may offer more clarity on the course of benchmark interest rates in the world's largest economy.
Here are the 10 stocks that remained in focus on Dalal Street during the November 13 session:
- BHEL: The stock of the heavy electrical equipment company ended 6 per cent higher at Rs 136.55 even as the company reported weak Q2 numbers.
- BSE: Shares of the company hit an all-time high and ended with a gain of 9 per cent at the end of the day at Rs 2319 amid a bullish outlook for Indian equities by Morgan Stanley and strong DII interest in the counter.
- Eicher Motors: Shares of the company ended 1.68 per cent higher at Rs 3637.25 after the company reported a strong set of quarterly results.
- HAL: Shares of the aeronautics company ended around 1 per cent lower at Rs 2057 even as CLSA maintained an outperform call.
- Manappuram Finance: Shares of the NBFC ended 1.74 per cent higher at Rs 140.6 after the company reported an increase in net profit to Rs 560 crore.
- GMR Airports: The stock of the company ended 1.72 per cent lower at Rs 57.3 as the company was reportedly set to raise Rs 3,200 crore in term loans.
- Coal India: Shares of the PSU coal miner hit a fresh 52-week high after the company reported stellar Q2 results.
- Indian Bank: A constituent of the Nifty Smallcap 100 index, Indian Bank shares defied the broader market trend to end over 6 per cent higher at Rs 447.05.
- The Nifty PSU Bank emerged as the top gainer among NSE's sectoral gauges despite the broader weakness. Indian Bank notched the maximum gains in the basket, followed by Union Bank of India.
- Jubilant Pharmova: Shares of the pharma company ended marginally higher at Rs 413.75 after the company’s subsidiary received approval from the US FDA for the preparation of technetium sulfur colloid injection.
Catch highlights of the November 13 session on Dalal Street here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com.
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